What should I use; fundamentals or technicals? This is a question that has plagued investors for a long time and there are still no clear answers. A lot of investors tend to look at fundamentals as a key to long term investing and technicals as a way to quick-fix trading. While the understanding is broadly …
Future outlook We had a nervous start for the week on Monday in line with not-so-favorable global cues. Nifty challenged 18400 in initial hours; but fortunately, it took a U-turn after testing the midpoint of 18400-18300 support range. The upward move continued for the next couple of sessions to almost reclaim the 18700 mark. On …
It is a trend that whenever the stock market becomes volatile, investors shift their investment to comparatively less volatile asset classes. Among these, precious metals top the list. Similarly, as the current market condition has become uncertain, following worldwide COVID-19 pandemic, investors are shifting their portfolio to mitigate risk by lowering exposure and opting for …
Future outlook The Indian equity markets had a strong start to the week, with the Nifty50 index soaring to new highs of the calendar year (18458.90) and levitating the market sentiments. However, the grip got loosened from the bulls at the highs and the market slid to a lower zone throughout the week. Eventually, some …
The Indian equity markets had a splendid move in the truncated week, wherein the benchmark index Nifty50 witnessed continuation in the uptrend post the consolidation breakout in the previous week. The broad-based buying emergence showcased the eagerness of the bulls to levitate the market amidst favorable conditions. Download Report View Report
Future outlook For the fourth consecutive week, we had a promising start on Monday, and it appeared as if we are going to finally come out of the recent congestion zone in the upward direction. Unfortunately, mostly market tries to deceive us and this time too, it caught most of the traders on the wrong …
Future outlook Our market started the week on a bleak note taking cues from the weak global bourses, wherein the benchmark index tested the Budget day’s swing low and dented market sentiments. Nifty struggled near the 200 SMA throughout the week until the last session, when a robust recovery was seen in the broader market …
Future outlook Our market started the week on a bleak note taking cues from the weak global bourses, wherein the benchmark index slipped below the 200 SMA and dented market sentiments. Nifty remained under pressure throughout the week, clocking new lows in the current calendar year till the day of weekly expiry. However, a modest …
Future outlook The Indian equity markets took a breather post three weeks of consecutive rally, wherein the benchmark index witnessed a cool-off from the higher grounds. Overall, it has been a decent week where the Bulls opted to take some money off the table. However, the broader market had a splendid move that kept the …
On the occasion of Akshay Tritiya (22nd April 2023), buying gold is considered to be auspicious and our advice to investors is to accumulate gold this festive season as the fundamental factors surrounding gold might reflect higher returns from a long-term perspective. Gold has been a portfolio diversifier in long term time frame as the returns in gold balances …
